East Coast Railway Tender

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East Coast Railway - ECOR Tender

Services
Housekeeping Services
Ireps
Opening Date27 Jan 2025
Closing Date19 Feb 2025
Tender AmountINR 16,60,34,305.17 (USD 19,20,775)
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AI Insights

Bid Capacity
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The bid capacity required in the given tender includes two main components: 1. Work Experience: The bidder should have satisfactorily completed one similar single service contract for a minimum of 35% of the advertised value of the bid. The formula for this is: Minimum work experience value = 35% of the advertised bid value. 2. Financial Standing: (i) T1 - Financial Turnover: The bidder should have an aggregate financial turnover not less than 1.5 times the advertised Bid value during the last three previous financial years and in the current financial year up to the date of opening of the Bid. The formula for this is: Minimum financial turnover = 1.5 * advertised Bid value. Additionally, for Joint Ventures (JV), the calculations are as follows: - Average annual turnover of JV = (A*M + B*N), where A and B are the average annual turnovers of members 1 and 2, and M and N are their percentage participations. - Overall liquidity of JV firm = arithmetic sum of the liquidity of all members. However, the exact advertised value of the bid is not provided, which is necessary to calculate the exact bid capacity required.
Technical Capacity
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The required prior work experience for the bidder includes the completion of similar works, such as mechanized cleaning of coaches, mechanized en-route cleaning of trains, providing on-board housekeeping services, distribution of linen, and mechanized cleaning services in industrial houses. The bidder should have satisfactorily completed one similar single service contract for a minimum of 35% of the advertised value of the bid in the last three previous financial years and the current financial year. The value and percentage of similar works completed are categorized as follows: - Payment received more than or equal to 80% of the current advertised bid value - Payment received more than or equal to 50% of the current advertised bid value - Payment received more than or equal to 40% of the current advertised bid value Scoring will be done based on these provisions, with 100 marks for one project with 80% payment, two projects with more than 50% payment, or three or more projects with more than 40% payment. Fifty marks will be awarded for one project with more than 50% payment or two projects with more than 40% payment. Twenty marks will be awarded for one project with more than 40% payment. No marks will be awarded if all projects have less than 40% payment. A deduction will be made for percentage penalties imposed, with a reduction in score by a percentage equal to the percentage penalty imposed. No reduction will be made for percentage penalties less than 5%. Contracts with percentage penalties more than 20% of the contract value will not be considered for calculation of scores. The bidder should also have an aggregate financial turnover of not less than 1.5 times the advertised bid value during the last three previous financial years and in the current financial year up to the date of opening of the bid. A completed service contract includes an ongoing service contract subject to payment of bills amounting to at least 35% of the advertised value of the bid.

Costs

  • EMD

    INR 9,80,200 (USD 11,339)

Description

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